Russell & Bromley Closes After 146 Years | Glasgow News

Iconic UK retailer Russell & Bromley has shut down after 146 years, owing £59 million and closing all 33 stores — leaving 400 workers jobless. Despite efforts to sell off properties and stay afloat, rising costs and falling sales proved too much. Next has acquired the brand name and three stores, but most of the legacy business is gone. A sobering sign of how brutal retail has become in today’s economy. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/63dcf2b4280ee042